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Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst Says

5.10.2024
A researcher from 21shares has offered an analysis of how bitcoin’s price could respond to the U.S. jobs report. The analyst indicates that BTC prices could increase if the Federal Reserve reduces interest rates. These rate cuts, which are likely tied to labor market trends, could lower...

Founder of crypto ‘Ponzi’ scheme’ IcomTech sentenced to 10 years in prison

5.10.2024
David Carmona was the “mastermind” behind IcomTech’s “Ponzi scheme," which netted an estimated $8.4 million from victims

Standard Chartered Sees Buying Opportunity as Bitcoin Nears $60K Dip

5.10.2024
Standard Chartered has cautioned that bitcoin could drop below $60,000 due to rising geopolitical tensions in the Middle East. While the bank sees this as a buying opportunity, it also highlights the unique relationship between BTC’s price and the U.S. presidential race. Former President...

Russian Bitcoin Mining Industry Could Surpass the U.S. in 2 Years

5.10.2024
Igor Runets, owner and CEO of Bitriver, commented on the growth potential of the Russian bitcoin mining industry following the approval of the mining law in the country. Runets stated that, due to the several advantages provided by the law, the Russian bitcoin mining industry could reach parity...

BBVA to Launch Visa-Backed Euro-Pegged Stablecoin Next Year

5.10.2024
BBVA, one of Spain’s largest financial institutions, has announced plans to launch its stablecoin product by 2025. The organization is currently in the sandbox stages and will be developed in partnership with credit giant Visa as part of one of the first projects using its services to launch...

BTC’s Future in Focus: 4 Key Factors That Could Drive or Stall Its 2024 Rally

4.10.2024
At press time, the crypto economy is cruising at $2.14 trillion, following a modest uptick Friday morning. There are 88 days left in the year, 32 days until the 2024 U.S. Election Day, and 34 days until the Federal Reserve’s next meeting. With numerous developments, including rising tensions...

Crypto Biz: Axelar’s new interoperability stack goes live

4.10.2024
With dozens of layer-1 blockchains on the market, communication between networks has become a significant pain point for the broader adoption of Web3-based applications.

Crypto-friendly gaming giant Tencent considering Ubisoft buyout: Report

4.10.2024
The Guillemot family and Tencent would likely take the company private if the deal happens.

AI Tokens Lead Crypto Rebound Amid Strong U.S. Economy

4.10.2024
Bitcoin may have bottomed at $60,000 earlier this week, and the Fed easing into a strong economy points to more upside, Will Clement said

Hong Kong makes HKVAX third licensed retail crypto exchange

4.10.2024
HKVAX is the first to be licensed under the region’s new licensing regime, as 16 more exchanges wait

Analyst: 13 of the Top 25 ETFs Launched in 2024 Are Bitcoin or Ether-Related

4.10.2024
Data shows that bitcoin and ethereum exchange-traded funds (ETFs) have made quite an impact this year in the world of traditional finance. According to Nate Geraci, co-founder of the ETF Institute, out of 525 funds launched in 2024, a total of 13 out of the top 24 best-performing ETFs are related...

Scroll.Bet: A Pioneering Crypto Telegram Casino With Dual Licenses and Native Token Profit Sharing

4.10.2024
PRESS RELEASE. Scroll.Bet stands out as one of the few Telegram-based casinos worldwide, operating under two gaming licenses—one issued by the Curaçao authorities and the other by the Anjouan authorities. This dual licensing allows the casino to legally offer its services globally, ensuring players...

Bitwise Files for Major Crypto ETFs Amid XRP ETF Hype

4.10.2024
Bitwise Asset Management, a prominent player in the crypto investment space, has filed for a significant update to…

Spot Crypto ETFs Prompted Bitwise to Rethink Its Fund Lineup

4.10.2024
Bitwise announced the Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) on Friday, a fund that combines the Bitwise Bitcoin Strategy Optm Roll ETF (BITC), Bitwise Ethereum Strategy ETF (AETH) and Bitwise Bitcoin and Eth Eq Wgh Str ETF (BTOP)

Bitcoin Nears $62K as Crypto Rebounds on Jobs Report and Rate Cut Hopes

4.10.2024
On Friday, the global crypto market saw a boost in value, with bitcoin (BTC) climbing 2.29%, approaching the $62,000 mark at 9:30 a.m. EDT. Ethereum (ETH) joined the upward trend, gaining a more modest 1.6%, pushing toward the $2,400 level. Bitcoin and Ethereum Climb Following U.S. Jobs Report This...